International Tourists

The heat is on; how to survive the desert summer. Still registering 107 degrees at 7 pm..pretty normal for summer in the desert. My friends who are not desert “rats”, always ask me “How do you get through those HOT days??” My days really do change in the intense heat. My real estate clients that buy their winter retreat here in the desert, often end up staying longer than planned. But they normally are out of here by the time the heat rolls in..if you’re thinking about buying a desert retreat, luxury lease property, or equestrian, give me a call at 760-285-3578. I may be melting, but I’m here!

Wide Open Spaces in the desert city of Thermal, CA, lying in the Eastern Coachella Valley

Desert Empire; the Coachella Valley. Today, Southern Californias’ Coachella Valley, is like a beautiful quilt consisting of it’s 9 desert cities as well as untouched expanses of desert land wrapped in the arms of the surrounding snow topped mountains. For 9 months a year, in my local experience, it is a paradise for home owners, or vacation seekers. Our beautiful Desert Empire cities are Palm Springs on the West border of the Coachella Valley, and Indio on the Eastern border. Cathedral City, Rancho Mirage, Palm Desert Indian Wells and the City of La Quinta lie between them. If you’re looking for high desert properties for that 15 degree drop in temperature, head North up Hwy 62, through Desert Hot Springs, Yucca Valley and Joshua Tree. For help in your Coachella Valley real estate needs, give me a call at 760-285-3578.

To live On or Off Fairway, is the choice for buyers looking for golf course homes to buy. The Coachella Valley offers a myriad of options for people choosing to purchase a home in a Golf Course community. All of our desert cities offer golf course communities. Some cities like Indian Wells and La Quinta offer both Gated and Non-gated Golf course communities to choose between. La Quinta, our newer desert city offers many golf enthusiasts choices, including the Public course, Silver Rock Golf Course. If you’re committed to buying your new home in a golf course community, there will be several location options within the club itself.

La Quinta Equestrian Estate: Back on the market for the season, and my sellers are SERIOUS! Total price reduction of $750,000 to our new List Price of $3,200,000. An independent appraisal was done in August of 2016, and that is what we have based our reduced List Price on. 55075 Monroe St., in La Quinta is a turnkey 4 acre estate, located near to the Coachella Music Festival grounds. This property has an estimated 6% CAP rate based on the current list price return as a Luxury Lease Event site! That means you could buy your dream Equestrian estate, stay in it for the winter, and lease it out (not the barn/paddocks!) for the 5 Music Festival weekends, or as many events as you are open to. Call me for your personal tour today. 760-285-3578

Dates and Coachella: Dates go with the City of Coachella like Sun block goes with triple digit heat..they just ARE! Our Date growing Valley produces multi varieties of the sweet, juicy fruit. Boxes of dates are shipped internationally and the demand for our local delicacy seems to be growing. Our Eastern cities such as Indio, Vista Santa Rosa, Thermal and Coachella, grow the majority of our dates. The history of one of our local Date growers, Shields, will help you understand what an important part of our local industry, our dates are.

Polo and HITS update. Summer is winding down, the weather is cooling, and the polo fields are under attack!! Desert Trip is about here, and the two polo clubs, Empire and Eldorado, are both construction sites! Trucks, fences, tents, workers…everywhere. The Empire Polo club will begin it’s 2017 season officially on January 1, with polo tournaments every weekend after that. The Eldorado Polo Club, which is right next door, also begins it’s season in January. While both Polo clubs are rocking and rolling with Polo games, the nearby HITS Horseshow grounds in Thermal, are preparing their grounds for the influx of horses and trainers.

What’s the Canadian real estate market doing? I asked myself this question at the end of last season..about June of this year. Not having a huge number of Canadian buyers in my real estate sales, it was interesting to hear all the agents lamenting about the fleeing of Canadians from our market. We do have a large number of Canadians who purchased their Winter Vacation homes in the desert. Our gorgeous winters, and quick flights to Vancouver certainly helped this market. But also..Canadians LOVE a deal!! When we were in recovery from our own real estate bomb, which ended about 4th quarter of 2011, scores of Canadians and other International buyers and investors, as well as our own Fix-n-flippers, snapped up bargain properties. We have been moving laterally for the past several years in our price/sf. real estate closings, and our market has largely stabilized. An interesting read this morning in the Vancouver Sun, caused me to think about the Canadian real estate market and how it might affect our own Coachella Valley real estate market. Huge Tax Windfall highlights BC’s real estate dependence.

Summer Sales are Sizzling in the Coachella Valley! I know it’s not because the air temperatures have cooled down because we are pretty much guaranteed triple digits every day. I suspect it’s more a leveling out of all the negative news from the first quarter of 2016..crashing oil prices, Asian Stock Market crash, Canadian dollar crash, and we cannot forget that it’s an election year. All these things combined to help buyers put on the brakes for the first Q of 2016. The second Q was smokin however, for our Coachella Valley summer sales, and the third Quarter summer sales are starting out the same. Desert Home Sales jumped approx. 12% in June. I’m finding that all my listings are getting activity, or are in escrow, from the ultra affordable Condos below $100,000 – luxury Equestrian estates at 3-4 million. With Loans lower than ever (thank you Brexit!), it’s a great time to buy the Coachella Valley, give me a call at 760-285-3578.

Luxury La Quinta Estate has been SLASHED in price! Sellers are relocating and must sell this year! 55775 Monroe St., is a Luxury 4+ acre Estate on the Eastern border of La Quinta. Double gates off of Monroe make it serene, private and secure. Somebody is going to get a GREAT deal. Looking for a killer Event venue near to the International Polo fields for Coachella Music Festivals? The possibilities are only as limited as your own imagination..local realtor, Kimberley Kelly, thinks this is quite possibly one of the classiest pieces of land available in La Quinta. Call for your personal tour today..760-285-3578.

The newest Music Festival to be added to the Coachella Music Festival line up is Desert Trip. So what’s the big deal?? Another Music Festival in Coachella..what’s the big deal? Well it DOES matter, and it IS a big deal! This will be the first time a Fall Music Festival will be held at the Polo grounds in Indio, CA. Two weekends of staggering shows have come together, and tickets were snapped up immediately! A fall Music Festival, that is very different from the Coachella style, will be another boost for the entire Valley, states Kimberley Kelly, local Realtor.

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About

Kimberley Kelly

A 30 year "Local" in La Quinta, I have been in the Real Estate
industry for 15 years. Experienced in
the Sales or Acquisitions of both Residential Properties, and Land. I have
a good feel for Industry Investments.